Bullish on America . . . But Not for a While

Stephen Gilbert: ‘You ask: ‘What does it say about Barack Obama that the best-respected businessman in the world keeps doing fundraisers on his behalf?’ I think a better question is: ‘What does it say about John McCain?’ ‘

THE ELUSIVE BOTTOM

John Mauldin reprints Merrill Lynch economist John Rosenberg’s sharp analysis of where we are. (We are in for harder times, more bankruptcies, a major shift toward frugality and more saving, smaller cars, smaller houses, lower stock prices, lower home prices, and a handsome return from 10-year Treasuries. But the world will not end.) Click here.

SAYINGS OF THE JEWISH BUDDHA

Going endlessly around the Net. (‘Be here now. Be someplace else later. Is that so complicated?’) Click here.